Cost of Fraud Calculator

Kayhan Ahmadi - Riskified; Markus Bergthaler - MRC

Presentation

It can often be challenging for risk departments to make the case for new tools and additional resources. The Cost of Fraud Calculator is a free online tool to help assemble a complete picture of the true cost of fraud for a company, and help summarize the business impact in a way that can easily be shared with a company's leadership. In doing so, risk management can get the backing they need, with the goal of benefiting the business by improving the bottom line.

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